Match the Term on the Left to Its Description on the Right

question 14

Multiple Choice

Match the term on the left to its description on the right.
-Development

• A)identifying or problems or opportunities
• B)includes prototyping
• C)monitoring and evaluating new system
• D)scheduling, purchasing, documenting, programming, and testing
• E)training and system conversion
• F)end product is a functional requirements report
• G)phasing out of system

---

Definitions:

Lump Sum

A single payment made at a particular time, as opposed to multiple payments over time.

Sub-Contracting

The process of outsourcing specific portions of a project or job to specialized third parties while retaining overall responsibility for completion.

Discount Rate

Employed in discounted cash flow analysis, this interest rate is used for determining the current value of cash flows that will be received in the future.

Annual Payments

Regular payments made once a year, often associated with loan repayments or insurance premiums.